Yeliz Akmaca 
Coinbase, one of the world’s largest cryptocurrency exchanges, has announced that it will list Plasma (XPL) on its platform. Spot trading for XPL will go live on 2 December 2025. The opening of the XPL-USD trading pair will begin on or after 9AM PT, if liquidity conditions are met, in regions where trading is supported.
At the time of writing, XPL/USDT is trading at 0.1792 dollars.
Critical Network Warning from Coinbase
Coinbase emphasized that users must send XPL only through the supported Plasma network. Transfers made via other networks cannot be recovered and may result in permanent loss of funds.
Potential Impact of the XPL Listing
Plasma (XPL) operates on the Plasma network, known for its scalable and low-cost structure. Coinbase’s decision to list XPL is expected to significantly increase the asset’s visibility and global accessibility, marking a strategic milestone for the project.
What Is Plasma (XPL)?
Plasma (XPL) is a high-performance Layer 1 blockchain designed specifically for global stablecoin payments. As stablecoin usage continues to grow rapidly, Plasma offers zero-fee USDT transfers, customizable gas models, privacy-enabled payments and high transaction throughput.
Traditional blockchains are not fully optimized for stablecoin transfers and often struggle under high-volume, low-cost transaction demands. Plasma addresses this issue by making stablecoin operations a core protocol feature. This approach delivers scalability, low latency, reliability and a fast payment experience across the network.
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